``Atlanta was absolutely slammed in the last year.  Home prices have fallen by 17 percent only in the last year driving home values back to 1997 levels!  This is for a very large metro area plagued with massive numbers of foreclosures.  Atlanta was the only large Case-Shiller tracked metro area to have a double-digit annual decline.  The second biggest hit came to Las Vegas.  I've talked about this market in the past and cautioned people from diving in before doing careful due diligence.  The market has fallen another 8.5 percent in the last year bringing the total decline from the peak to a whopping 61 percent without even adjusting for inflation.''

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